Ripple says it received a license to operate as a major payments institution from Singapore’s central bank allowing it to continue operations in the country after receiving in-principle approval in June. In an Oct. 4 blog post, the company said its local entity, Ripple Markets APAC Pte Ltd, was granted the full license by the Monetary Authority of Singapore (MAS). It’s…
Month: October 2023
SEC asks judge to reject Coinbase’s motion to dismiss lawsuit
The United States Securities and Exchange Commission has asked a federal judge to deny Coinbase’s motion to dismiss a lawsuit by the regulator. In an Oct. 3 filing in a New York District Court, the SEC hit back at claims in Coinbase’s dismissal motion and reiterated its belief that some of the cryptocurrencies listed on its platform were investment contracts…
Judge rejects SEC’s motion to file an appeal against Ripple ruling
District court judge Analisa Torres denied the SEC’s motion to file an appeal, claiming that the regulator did not show that were substantial grounds for differ… Source: https://cointelegraph.com/app/public/index.php/news/sec-motion-file-ripple-xrp-interlocutory-appeal-denied
SEC Loses Again—Appeal of Landmark Ripple Ruling Rejected
The United States Securities and Exchange Commission (SEC) failed to convince a federal judge that its recent, high-profile courtroom loss to crypto firm Ripple Labs should be overturned, according to a court ruling issued Tuesday. U.S. District Court judge Analisa Torres—who ruled in July that Ripple’s sale of a cryptocurrency token directly to consumers did not constitute an illegally unregistered…
Is Satoshi Nakamoto Back? Twitter Account Revived After 5 Years
Did Satoshi Nakamoto, the mysterious creator of Bitcoin, finally return to the crypto scene he created? No, but the Twitter account @satoshi wants to make you think so, with a new post Tuesday focused on the 2008 white paper. The apparent reactivation of an account bearing Nakamoto’s name and a “verified account” blue checkmark calls into question the value of…
Humata AI Raises $3.5 Million Led by Google’s Gradient Ventures
Aiming to be the next big name in artificial intelligence-powered productivity, Austin-based startup Humata AI said on Monday that it had raised $3.5 million in funding led by Google’s Gradient Ventures, ARK Invest, and M13. Humata’s core product is a PDF tool that lets users upload formatted files that users can then ask questions about, helping them find relevant and…
Argentinian presidential candidate wants CBDCs to ‘solve’ hyperinflation
Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency (CBDC) if elected to “solve” Argentina’s long-lasting inflation crisis. “I am clear that inflation is a huge problem in Argentina,” the country’s second-leading candidate said in an Oct. 2 presidential debate, before outlining how he plans to “solve” the country’s ravaging inflation: “We are going to…
Judge rejects SEC’s motion to file an appeal against Ripple ruling
District court judge Analisa Torres has rejected the United States Securities and Exchange Commission’s (SEC) motion to file an interlocutory appeal against the recent Ripple ruling. In an Oct. 3 court order, Judge Torres denied the SEC’s motion as the SEC failed to failed to meet its burden to show there were controlling questions of law or that there were…
At Least 3 SBF Jurors Recused Themselves Because They Lost Money in Crypto
Jury selection in FTX founder Sam Bankman-Fried’s criminal trial is going to extend into a second day, with the pool of qualified jurors now narrowed to 50, from which 12 will be selected by Wednesday morning. Many prospective jurors recused themselves for reasons that might bias their assessment of the former crypto mogul’s innocence. For some, that bias came from…
Martin Shkreli on E/ACC and SBF in Prison
Reza Jafery and Martin Shkreli sit down for a casual conversation about the growing movement that is E/ACC, what songs they could recite at gunpoint, and whether or not SBF will thrive or just survive during his time in prison. Source: https://decrypt.co/videos/interviews/QONaWXKZ/martin-shkreli-on-e-acc-and-sbf-in-prison